Sec. 23. (a) A housing authority is not subject to statutes regarding the acquisition, operation, construction, reconstruction, improvement, alteration, repair, disposition, or exchange of real or personal property by other public bodies, except: (1) with regard to money received from municipalities or counties and derived from local tax levies; (2) with regard to money received from the state; and (3) as otherwise provided by this chapter. (b) A housing authority is not subject to statutes regarding appropriations by other public bodies. (c) This subsection applies if a housing authority disposes of real property or awards a contract for the procurement of property by acceptance of bids, proposals, or quotations. A bid, proposal, or quotation submitted by a trust (as defined in IC 30-4-1-1 (a)) must identify each: (1) beneficiary of the trust; and (2) settlor empowered to revoke or modify the trust. [Pre-Local Government Recodification Citation: 18-7-11-8(i).]
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